Alpari

Scroll the register sideways — the entity column stays pinned.

Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.

• F01Alpari's own site states the brand was founded in 1998 and that it serves more than 1 million clients.
• F02Alpari states it is licensed by the Mwali International Services Authority (MISA) as an International Brokerage and Clearing Company under number T2023236; MISA is a Comoros (Mohéli) offshore authority.
• F03Alpari's legal footer names the operating company as Parlance Trading Ltd, registered number HY00423015; the MISA registrar's public verification page lists the same licence number T2023236 against the name Alpari (Comoros) Ltd.
• F04Alpari (UK) Limited, a separate former UK group company, entered the Special Administration Regime on 19 January 2015 following the Swiss National Bank's removal of the EUR/CHF cap (source: FCA).
• F05The current Alpari offering is not covered by any tier-1 regulator's supervision.
• F06Alpari's Client Agreement (clause 7.8) states: "Your funds are held in our accounts, including segregated accounts opened in our name on your behalf for holding your funds. This is separate from our own funds" (https://alpari.com/en/documents/client-agreement/).
• F07Alpari's Client Agreement (clause 8.6) states a client who owes more than their account balance "will pay the amount representing the excess within two (2) Business Days of the obligation arising other than where negative balance protection exists under Applicable Regulation" — i.e. the agreement does not itself grant negative balance protection (https://alpari.com/en/documents/client-agreement/).
• F08Alpari's account comparison lists Micro (min $30, leverage up to 1:500), Standard ($100, up to 1:1000), ECN ($300, up to 1:3000) and Pro ECN ($500, up to 1:3000) accounts, and its leverage page states forex and metals leverage of up to 1:3000, cut to a maximum of 1:200 during Dynamic Margin Requirement periods around major news and market closures (https://alpari.com/en/trading-accounts/).

• not verifiedminDeposit
• not verifiedmaxLeverage
• not verifiedspreadEurusd
• not verifiedaccountTypes
• not verifiedsegregatedFunds
• not verifiednegativeBalanceProtection
• not verifiedpubliclyListed
• not verifiedwhether the MISA licence T2023236 is currently in force (registrar page listed an end date of 12 April 2025; renewal status not confirmed)
• not verifiedaccount types
• not verifiednegative balance protection
• not verifiedspreadEurusd — the site publishes only advertised floors (Micro from 1.5 pips, Standard from 0.3, ECN from 0.1, Pro ECN from 0.0 plus commission); no typical EURUSD spread is stated, and the homepage live-rates snapshot (1.0 pip at capture) is not a spec figure
• not verifiednegativeBalanceProtection — Client Agreement clause 8.6 makes clients liable for amounts exceeding their balance except where NBP exists under applicable regulation; no affirmative NBP statement was found in the Client Agreement, Terms and Conditions page or Risk Disclosure (checked 20 Aug 2026)
• not verifiedpubliclyListed — no investor-relations page or exchange listing found for the Alpari brand or its operating company Parlance Trading Ltd (a Comoros IBC); absence of a listing cannot be verified from a primary source
• not verifiedMISA licence T2023236 current status — the registrar's public list page (https://mwaliregistrar.com/list_of_entities) sits behind a Cloudflare JS challenge and could not be queried (checked 20 Aug 2026); the seed's note that the register listed an end date of 12 April 2025 remains unconfirmed
• not verifiedinstruments — the live site also markets Stocks, ETF CFDs and Futures CFDs (MT5) beyond the seeded list, but the seeded array was left unchanged

Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.

• Mwali International Services Authority (MISA), Comoros
  Parlance Trading Ltd (reg. HY00423015) — Comoros (Mohéli)
  https://alpari.com/en/documents/privacy-policy/RETRIEVED 2026-09-02